The marked price of a laptop is 40% higher than the cost price. If it is sold after applying a discount of 20% on the

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by AAPL » Tue Jul 13, 2021 4:15 pm

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E-GMAT

The marked price of a laptop is 40% higher than the cost price. If it is sold after applying a discount of 20% on the marked price, what is the profit % after selling the laptop?

A. 6%
B. 12 %
C. 18 %
D. 20 %
E. Cannot be determined

OA B

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Source: Beat The GMAT — Problem Solving | Tue Jul 13, 2021 4:15 pm

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